REVIEW: Our good reader Brian Watt suggested to backtest the new Forex Mafioso system. One more losing system covered by nice site graphics...
As vendor claims in the manual "This software can run on any pair. But my suggestions are EURUSD, GBPUSD and USD/JPY. the best timeframe is 4Hour". Well, I have tried the system on USD/JPY and EURUSD H4 and failed on both. The balance curve shows slow deposit loss in 2008.
I have no idea what is wrong here but I guess the system does not work.
Take a look yourself: Click to view the backtest image
So be careful guys!
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